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Sweden’s Northvolt Files For Bankruptcy
Sweden's Northvolt files for bankruptcy, in blow to Europe's EV ambitions
Northvolt, the Swedish maker of battery cells for electric vehicles, said on Thursday it has filed for Chapter 11 bankruptcy protection in the U.S., dealing a blow to Europe's hopes that its most developed battery player would reduce Western car makers' reliance on Chinese rivals.
Northvolt, Hailed As Europe’s Future EV Battery Champion, Files For Bankruptcy
Northvolt, a Swedish-based lithium-ion battery manufacturer backed by Volkswagen Group and others, has filed for bankruptcy protection in the United States. The company was hailed as one of Europe's biggest hopes against China's EV battery supremacy.
Northvolt CEO steps down following bankruptcy filing
Company co-founder Peter Carlsson steps down from CEO position at Northvolt in the wake of Chapter 11 announcement in the United States. The Swedish battery maker has embarked on a debt restructuring process and is seeking new sources of funding.
1h
on MSN
Judge in Alex Jones' Bankruptcy to Hear Arguments on the Onion's Bid for Infowars
A federal judge in Texas is set to hold a hearing on whether the satirical news outlet The Onion made a valid bid for the ...
9d
Intrum files for bankruptcy in US to restructure $4.5 billion debt pile
Intrum , Europe's biggest debt collector, on Friday said it had filed for Chapter 11 bankruptcy in the United States in a bid ...
2d
Northvolt CEO Resigns, Company On Verge Of Bankruptcy
Sweden's financially-strained electric car battery maker Northvolt announced Friday the resignation of its CEO Peter Carlsson, hours after the company sought bankruptcy protection in the US while it ...
Richmond
15h
Spirit Airlines filed for bankruptcy. What does that mean for holiday season travelers?
Unease around the bankruptcy petition may have some travelers looking elsewhere for flights ahead of the busy holiday travel ...
4d
on MSN
Big Lots closing 19 more stores as retailer navigates Chapter 11 bankruptcy
Big Lots announced in September that the company filed for Chapter 11 bankruptcy protection and planned on closing more than ...
6d
on MSN
Spirit Airlines Files for Bankruptcy — What That Means for Holiday Travel Plans
Florida-based airline Spirit Airlines, known for its low cost fares, confirmed the “prearranged” filing is part of a ...
AeroTime
6d
Spirit Airlines reassures customers as carrier files for bankruptcy protection
Ultra-low-cost carrier Spirit Airlines has reassured customers of its future despite filing for bankruptcy protection in the ...
6d
on MSN
Spirit Airlines filed for bankruptcy. What does that mean for travelers?
NEW YORK -- Spirit Airlines, the largest budget carrier in the U.S., filed for Chapter 11 bankruptcy protection Monday. The ...
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